Our Team

Nick Iannitelli, Managing Partner

Nick Iannitelli

Nick Iannitelli graduated from Montclair State University in 1999. Immediately following graduation, he began his career as an agent with New York Life in the New Jersey General Office. As an agent, Nick made New York Life’s Executive Council and won a life case rate “Centurion Award” with over 105 lives protected in 2000, made President’s Council in 2001, and in both years qualified as a member of the Million Dollar Round Table*.

In 2001, Nick decided to pursue a management career and was promoted to Partner in the New Jersey General Office, making him one of the youngest managers at New York Life. In addition, Nick finished in the Top 25 Partners nationwide in 2002 and 2003, becoming the fastest internal partner to achieve this award in company history. After three consecutive years on the Top 25 list, Nick was promoted to Senior Partner in New Jersey in 2004.

Nick remained as a Senior Partner in the New Jersey General Office until March of 2009, when he accepted an offer to become Managing Partner of the Finger Lakes General Office in Rochester, New York. During his tenure, The Finger Lakes General Offices became one of the fastest growing offices in the New York Life System. Beginning with 59 agents, Nick helped grow Finger Lakes to over 130 agents, winning several national award trophies, and promoting several members of his management team to other leadership roles within New York Life.

In 2011, Nick qualified for the prestigious Lifetime Partners Roundtable, an honor that only a handful of exceptional managers achieve during their career. He is the youngest Managing Partner to ever qualify for lifetime membership.

In September of 2012, Nick was asked to lead the Northeastern Zone as the Zone VP responsible for management development, growing manpower and overall sales.

In March of 2015, Nick came to home to the place where he started his career as Managing Partner of the New Jersey General Office.

Nick and his wife Jill live in Denville, NJ with their children, Dante, Isabella, and Marianna

Thevan Theivakumar, Executive Partner

Thevan Theivakumar Headshot

Senior Partner

(732) 744-3763

Thevan Theivakumar

As a leading Senior Partner with more than a decade of experience in financial services industry, it is my honor to help individuals of all type. Building ever lasting relationships as well as valuable trust, I look forward to helping and recruiting motivated professionals that are looking for a rewarding, and highly compensated career path. We believe in teamwork, integrity, innovation, openness, accountability, personal, and professional growth.

Thevan graduated from Kean University with a BS in Business Administration. He worked for more than a decade as a Manager of Retail Services for the Middlesex County College. His career as an agent with New York Life began in the Bergen General Office (G.O.) in March 1997. During his 10 years as an agent Thevan qualified for Council and Million Dollar Round Table (MDRT*) all 10 years. He decided to join the New Jersey General Office as a Partner in April 2007. In his six years as a Partner Thevan has followed a commitment of personal and professional growth. His record speaks for its self, as the winner of the Gathering of Eagles 2007-2012, winner of the Top Gun Recruiter award for 2007 & 2008, awarded Most Valuable Player for 2008, T.N.T. Platinum leader for 2007 & 2008 and the G.O. Excellence in Recruiting for 2007 & 2008. Thevan has hired and trained quality agents who are following in his footsteps.

Thevan resides in Princeton, NJ with his lovely wife Ruby and their three children: Surain, Tharani, and Kirrupan.


  • New York Life Insurance Partner's Round Table 2010 & 2012
  • New York Life National Recruiting Award 2010 & 2012
  • Gathering of Eagles 2007, 2008, 2009, 2010, 2011, & 2012
  • New York Life Insurance G.O. Excellence in Recruiting for 2007 & 2008
  • Top Gun Recruiter award for 2007 & 2008 with New York Life
  • T.N.T. Platinum leader for 2007 & 2008 for New York Life
  • New York Life Insurance Most Valuable Player for 2008
  • New York Life Insurance International Management Award 2013
  • GAMA International's "Recruiting Specialist Award" 2011 & 2013
  • GAMA International's "Frontline Leader Award" 2010 & 2011
  • GAMA International's "International Management Award" 2013

Usha Krishnakumar, LLMS, Senior Partner

Usha Krishnakumar Headshot

Senior partner

(732) 744-3786

Usha Krishnakumar, LLMS

Usha started her career as an attorney and later worked in the Banking & Finance Industry in the Middle-East and North America. She comes with extensive experience working in a multi cultural environment combined with global exposure.

In 2002, she joined New York Life, New Jersey General Office. During her first five years as a Financial Services Professional, Usha was a member of the Million Dollar Round Table* in 2005 and an Executive Council Qualifier from 2003-2007. In 2008, she was asked to join senior management as the Sr. Agency Standards Consultant for the New Jersey General Office. In 2014, she was promoted as a Partner. She qualified for the Gathering of Eagles in 2014 for outstanding performance. Continuing her rapid success, Usha was promoted to Senior Partner in 2016.

She holds a Masters of Law degree from Benjamin Cardozo Law School, Yeshiva University, NY. Usha is a member of the American Bar Association[ABA] and South-Asian Bar Association[SABA]. She is also the Co-Trustee and Founder of Gift a Future International Inc., NJ that helps provide education to underprivileged children across the world. Usha is currently the President of New Jersey Tamil Sangam, a non -profit organization.

Usha resides in Middlesex county with her loving family.

George Yackulic, CLU, CLF, CLTC, LUTCF, Senior Partner

George Yackulic Headshot

Senior Partner

George Yackulic, CLU, CLF, CLTC, LUTCF

George started his Career with New York Life in 2001. As a Partner, his responsibilities were building and developing a team of Financial Service Professionals and Financial Advisors within the New Jersey General Office. During his time as a Partner, George qualified for numerous company awards. He remained in this role until 2010 when he became a Corporate Vice President. In this position George was responsible for Management and Leadership Development on a national level. He worked with all of the New York Life field managers with an emphasis in helping develop our Partners. In 2013 George became the Managing Partner of the Maine General office. There he was in charge of leading the office and was responsible for developing and supervising the representatives. In 2016, George had the opportunity to return home and take on the role of Senior Partner back in the New Jersey General office where he started his New York Life Career.

George is a past President of the Passaic, Bergen National Association of Insurance and Financial Advisors (NAIFA).

Michael W. Frake, CLF, LUTCF, Partner

Michael W. Frake, CLF, LUTCF

Michael began his career with New York Life in December 2001 after graduating from the University of Delaware with a Bachelor of Science Degree in Hotel, Restaurant and Institutional Management.

During Michael's successful years as a Financial Services Professional with the New Jersey General Office, he accumulated 4 consecutive New York Life Executive Council Memberships and Centurion Awards in 2003-2006. He has also qualified for the Million Dollar Round Table* in 2005. Based upon his sales achievements, he was asked to join The New Jersey General Office's Management Team as a Partner in June 2006.

Michael currently supervises the New Jersey General Office’s Wall Township location and is a resident of Middletown, NJ.

Jennifer B. Padolina, Partner

Jennifer B. Padolina

Jennifer B. Padolina joined New York Life on February 1, 1996 with no prior experience in sales and with very little knowledge of the insurance industry. In her first full year, Jennifer was awarded the “New Agent of the Year” in 1997 and qualified for the Million Dollar Round Table*. Over the next several years, Jennifer qualified for Executive Council from 1997 to 2000 and again from 2006 to 2008. Jennifer also achieved New York Life's President’s Council in 2005 and 2009, and was an MDRT* qualifier from 1998 to 2000, and again from 2005-2009. She joined the management team in 2010 as a Partner. Out of over 300 Partners, Jennifer ranks in the Top 50 Partners in the country in 2012 and 2014.

Today she is very passionate in bringing new agents to the New Jersey General Office, She shares her insight and experience with new and established agents coming to New York Life. She enjoys the independence of running her business like a business owner, the people she meets, and more importantly making a difference with people and the community at large.

Jennifer is extremely involved in the day-to-day activities of the agency and has made a significant contribution to the overall growth of the New Jersey General Office. In particular, she heads the agency’s MDRT Mentor/Aspirant Program, where she has played a major role in increasing the MDRT membership from 6 to 64.

Jennifer is a longtime resident and active member of the community in Bergen County, New Jersey. She is the Past President of Paramus Rotary Club, member of the Board of Directors of the Greater Paramus Chamber of Commerce, and the Paramus Education Foundation. When Jennifer is not working she enjoys playing golf, traveling and continues to make a difference by spending time volunteering in the community.

John Fleming, CLF®, Partner

John Fleming, CLF®

After starting his career with MetLife as a top 100 ranked MDRT* agent, John entered management and soon became a top 50 ranked Manager--building one of MetLife's premier agencies and qualifying for The Regional Sales Office of the Year 3 years in a row and ultimately Zone Office Of the Year. He then went on to hold other roles of increasing responsibility including: Director of Marketing, Agency Vice President of National Management Training, Vice President and National Recruiting Officer for the company and ultimately, the Vice President of Operations for MetLife's MidEastern Zone. Following his 23 years wih MetLife, John went on to become the Senior Vice President of Allianz Life of New York. His most recent role prior to joining New York Life was Senior Vice President and Chief Marketing Officer for Baltimore Life Insurance Companies.

Yam Adhikari, CLF, Partner

Yam Adhikari, CLF

Yam started his career with MetLife Insurance in 2008. He qualified for Leader conference in 2009 and 2010 and received the prestigious agency builder award in 2009.

Yam join New York life 2011 and qualified for Executive Council in 2011 and 2012 in addition to becoming a qualified member of Million Dollar Round table (MDRT*). Yam was promoted to partner in April of 2012. In 2013 he was presented with the Gathering of Eagles award.

Prior to joining New York Life, Yam worked for over 10 years in management in the retail, whole sale export and import business. Yam has an LL. B. from Tribhuvan University. Yam is member of GAMA International.

Hernando Ospina, Partner

Hernando Ospina

Hernando began his career with New York Life in July of 2013. After graduating with a Bachelor of Science in Accounting from Kean University he began his professional career as a Corporate Accountant.

After 3 years of working as an accountant, Hernando decided to make a career change and use his financial skills to help service clients as a Financial Service Professional with New York Life.

Hernando quickly developed a passion for life insurance and it reflected in his work. In his first year as an agent, he qualified for New York Life's Executive Council Membership with over 70 lives protected. Hernando's early success continued into his second year. Hernando qualified for his second consecutive Executive Council as a Life All-Star Award Winner as well as a New York Life Premier Centurion for writing over 100 life insurance policies in one year.

Based off his sales achievements, Hernando was promoted and given the opportunity to join The New Jersey General Office's Management team.

As a Partner, Hernando is now focused on contributing to the overall growth of New Jersey General office by bringing in new agents and offering them the same life changing opportunity he was once offered by his mentor and Senior Partner, Thevan Theivakumar.

Adam Weisberger, Partner

Adam Weisberger

Adam Joined New York Life in 2011, with no previous industry experience and has achieved New York Life's Executive Council 2012-2015 and Life All-Star award in 2015.

Prior to joining NY Life Adam ran a large paper distribution business focusing on helping his clients build their business holistically. He is a Graduate of Rutgers University (RC 90) with a degree in economics.

In his spare time Adam likes to play golf and spend time with his family.

Todd Pravda, Partner

Todd Pravda Headshot

Todd Pravda

After graduating with Bachelor of Arts in Environmental Science from University of Colorado, Boulder, Todd launched his career working as an environmental consultant in the petroleum industry before switching careers after a major life event. Todd then pursued a career in the marketing industry concentrating on list brokerage and eventually started his own consulting group.

After meeting his wife, he decided to use his sales and marketing talent to pursue his passion in the financial services industry, beginning his career with New York Life in 2013. In his first year he achieved Executive Council recognition from New York Life. In his second full year, Todd exceeded to higher levels, achieving President’s Council recognition with New York Life and becoming a qualifying member of the Million Dollar Round Table*. Based upon his sales achievements, Todd was asked to join the New Jersey General Office management team as an Partner in September of 2015.

Todd currently resides Manalapan, NJ with his wife and children.

Mathew D. Solomon, Partner

Mathew D. Solomon Headshot


Mathew D. Solomon

Matt joined the New Jersey General Office as a Partner in the Jersey Shore office in 2016.

Alan R. Babbitt, RICP®, Partner

Alan Headshot


Alan R. Babbitt, RICP®

Alan began his career in financial services in New York City as a technology sales executive providing enterprise technology solutions to firms such as Merrill Lynch, JP Morgan Chase, American Express, and Prudential, among others.

In 2011, Alan decided to transition to a Financial Advisor role at Prudential Financial to follow his passion for helping people make important financial decisions they cannot afford to get wrong. During Alan's successful years at Prudential as an Advisor, Financial Planner, and Manager of Financial Services, he achieved a host of awards. They included, multiple years as a President's Conference Qualifier, Million Dollar Round Table (MDRT) Qualifier, Annuities Masters Council, and Life Concierge Achiever.

As a Partner now at New York Life' N.J. G.O., Alan's overall objective is the continued dedication to hiring and developing capable men and women from all backgrounds who can provide effective and innovative solutions for the problems people and businesses face. His experience includes recruiting within the financial services industry with the focus on attracting, hiring, and retaining outstanding individuals with strong business acumen and superlative organizational, analytical, and strategic problem solving skills.

Terrence Murphy, Partner

Todd Pravda Headshot

Terrence Murphy, Partner

I started my career in the financial services industry on the NYSE trading floor working my way from a messenger to an Institutional Floor Broker, becoming a Vice president and a Member of the New York Stock Exchange representing such firms as Merrill Lynch and Goldman Sachs as an institutional floor broker. After leaving Wall Street I worked at Prudential as a Financial Advisor and went on to become Manager of Financial Services , achieving awards as Presidents Council and Annuities Masters Council.

Currently as a Partner at the New Jersey G.O. of New York Life my responsibilities are to Recruit ,train ,develop and supervise a team of professionals. I specialize in helping career changers reinvent themselves in a second career as well as assist spirited individuals in becoming an asset to their community.

Peter Lanza, Partner

Alan Headshot


Peter Lanza, Partner

Peter began his career with New York Life in 2004 as an agent intern while attending Kean University. He then took on various positions in the home office before returning to the field as an agent in 2014.

Peter quickly began to build his business upon returning to the field, qualifying for New York Life's Executive Council in 2015, President’s Council in 2016, and Executive Council in 2017. He also qualified to be a member of the Million Dollar Round Table* in 2016 and 2017. In addition, he won the New York Life Life All-Star and Annuity Elite awards.

Based on those achievements, Peter was promoted and given the opportunity to join the management team in the New Jersey General Office.

As a Partner, Peter is focused on hiring and developing new agents and coaching them to have the same success as he had as an agent.

Peter resides in Tinton Falls, NJ with his wife, Loren, and his daughter, Giorgia.

Nillie Goldman, Partner

Nillie Goldman, Partner

Nillie Goldman joined New York Life in 2014 as a Financial Services Professional in the New Jersey General Office. As an agent, she qualified for Executive Council during her first two years and was presented with several general office awards for life insurance, annuity, and long term care sales. Based on these achievements, Nillie was promoted to Partner in 2017.

Nillie earned her MBA and Bachelor of Science degrees from the NYU Stern School of Business and a certificate in Public Relations from the School of Continuing and Professional Studies at NYU. Prior to joining New York Life, Nillie enjoyed a 12 year career in finance and technology working for several Fortune 500 companies. She has held several board seats and leadership positions in community philanthropic and social service organizations and has received three awards for her role in these successful initiatives. Nillie lives in Highland Park with her husband, David, and their five children.

Tae Rho, Partner

Tae Rho, Partner


Matthew Alberico, Partner

Amy Herneker Headshot



Amy Herneker, Corporate Vice President, Administrative Officer

Amy Herneker Headshot

Corporate Vice President, Administrative Officer

(732) 291-5403

Amy Herneker


Timothy Babbert, CLU®, ChFC®, MSFS, LUTCF, Director of Development

Timothy Babbert Headshot

Director of Development

(732) 744-3714

Timothy Babbert, CLU®, ChFC®, MSFS, LUTCF

Tim joined New York Life in 1983 as an agent in his home town of Columbus, Ohio and qualified for Council in his first two years before joining the management team.

In 1986 Tim assumed the responsibility of running the training program for the Shaker Heights General Office in Cleveland, Ohio.

After spending 8 years in Cleveland, Tim was promoted to Training Manager in New Jersey. While in New Jersey, Tim has been active in his local and state NAIFA Associations, including being a Past President of the Union-Raritan Valley Association of Insurance and Financial Advisors and Past Regional Vice-President for the New Jersey Association of Insurance and Financial Advisors.

In Tim’s spare time he enjoys spending time with his family to include cheering for his sons while at the soccer fields, gymnastics meets and musical performances.

Rachel M. Vergari, CLU®, ChFC®, CLF®, CASL, LUTCF, CLTC, Director of Development

Rachel M. Vergari Headshot

Director of Development

(732) 282-2172

Rachel M. Vergari, CLU®, ChFC®, CLF®, CASL, LUTCF, CLTC

Rachel graduated in 2002 from the University of Rhode Island with a Bachelors Degree from the School of Business with a concentration in Finance. Upon graduation she went directly into the Financial Services Industry as an agent with New York Life. She spent two and a half years as a Financial Services Professional achieving Executive Council and Centurion in 2004. In April of 2005 she was asked to enter management as a Developer. Rachel has earned her series 6, series 63, series 26 as well as the CLU®, CHFC®, CLF®, CASL, LUTCF, CLTC designations from the American College. She is extremely passionate about her work, working with others, and the importance of what our industry does. Her role includes teaching and educating new representatives on skills, products, and strategies to building a successful practice. Rachel is a current member of the professional organizations NAIFA and GAMA. She’s also a volunteer for the Make a Wish Foundation. Rachel is a professional, an active resident in the community of Monmouth County, a wife, and mother of three.

Youwha Lee, CLU®, LUTCF, Development Manager

Youwha Lee Headshot

Development Manager

(201) 291-5494

Youwha Lee, CLU®, LUTCF

Youwha has a Bachelors Degree in Education and minor in psychology. She began her career with NY Life in NJ GO in 2002 as an Agent. She has made Executive Council every year, Centurion in 2004 and has been a qualifying member of MDR*T in 2005. She was promoted to a partner in 2007 and has 2 years experience as a Partner in the company. In November of 2012 she was asked to become a development manager. She enjoys her role being a development manager to help agents achieving their goals. Her role includes teaching and educating new representatives on skills, products, and strategies to help build a successful business. Youwha is a current member of the professional organizations NAIFA. Youwha is also a Certified practitioner of the Macro Asset Prospective planning process.

Dolly Colvin, Development Manager

David Tate Headshot

Development Manager

(732) 744-3804

Dolly Colvin

Dolly has been with New York Life for more than 7 years as an Agent and Financial Services Professional. These 7 years include Qualifying as a member of Million Dollar Round Table* in 2016 and qualifying for 6 consecutive New York Life Executive Councils since 2010. Additionally, she has 5 years experience of working as Human Resources and Training & Development Manager in Industries like Finance, Luxury Boutique Hotels, Immigration Services and Information Technology.

Dolly received Masters degree in Business Administration from India, specializing in Human Resources and Industrial Relations. Additionally, she has Bachelors Degree in Science.

Dolly was born in India and currently lives in Woodbridge Township with her husband Ashwini Colvin and two young children, Aarsheya and Aayan.

Liliana Perez, Latino Market Director

Liliana Perez Headshot

Latino Market Director


Liliana Perez

Liliana graduated from New York’s Fashion Institute of Technology in 2005. She joined the financial industry in 2007 after working as a product developer and designer in the home industry. Her diverse background allowed her to be in many different roles. As a trainer, she was able to successfully train onshore and offshore colleagues about operation systems. She excitedly joins New York Life Insurance where she can support and educate the Latino community about the many opportunities available to them. During her spare time Liliana enjoys hiking and spending time with her family.

*The Million Dollar Round Table (MDRT), The Premier Association of Financial Professionals, is recognized globally as the standard of excellence for life insurance sales performance in the insurance and financial services industry.